Posts Tagged ‘Emmanuel Macron’

Establishment’s Macron wins the French election

May 8, 2017

Emmanuel Macron, elected President of France yesterday with two-thirds of the vote, is a product of that country’s educational and financial establishment.

He will have an opportunity in the next five years to vindicate the establishment, by showing that it is possible to turn around the economy without changing France’s political or economic structure or withdrawing from the European Union.

Emmanuel Macron

I don’t expect that to happen.   First, he has not yet consolidated his power.  As President, he will be in charge of French foreign and military policy.    Domestic policy will be the responsibility of the Prime Minister, who is appointed by the President with the consent of the National Assembly.

The National Assembly will be elected June 11 and 18.   If Macron’s newly formed En Marche (On the Move) movement wins a majority, his power will be complete.   If not, the National Assembly may force him to accept a Prime Minister of a different party.

The President is something like a corporation’s chief executive officer and the Prime Minister is something like its chief operating officer.   If the CEO and COO were not in agreement and the CEO couldn’t remove him, then the CEO does not have the full powers of a CEO

Second, even if Macron’s power is complete, what solutions does he have to offer?   He campaigned on the basis of generalities and a winning personality, much like Barack Obama in the USA in 2008 and Justin Trudeau in Canada in 2015.

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